Address: 706 1st Street Nw 1-2, Delray Beach, FL 33444
Description
Handyman Special! Downtown Delray Beach consisting of two separately metered homes on one lot! Front house is a 3br/1ba & rear house is 1br/1ba. Opportunity to own two single family homes on one property just 1 block from East Atlantic Ave. Both tenants are MTM. Rents are well below market! Front house rented at $1,550 and rear house rented at $950. Great opportunity for high rental income in rapidly growing downtown location. Also great short term rental potential. New construction all around. Front house has newer central HVAC unit. Rear home has window a/c units. Homes needs updating. Tenant occupied. Market rents if both units rehabbed combined is ~$4,500+ per month. Property is located in an Opportunity Zone & within the Delray Beach CRA district.
Handyman Special! Downtown Delray Beach consisting of two separately metered homes on one lot! Front house is a 3br/1ba & rear house is 1br/1ba. Opportunity to own two single family homes on one property just 1 block from East Atlantic Ave. Both tenants are MTM. Rents are well below market! Front house rented at $1,550 and rear house rented at $950. Great opportunity for high rental income in rapidly growing downtown location. Also great short term rental potential. New construction all around. Front house has newer central HVAC unit. Rear home has window a/c units. Homes needs updating. Tenant occupied. Market rents if both units rehabbed combined is ~$4,500+ per month. Property is located in an Opportunity Zone & within the Delray Beach CRA district.
Features
Building and Construction
Absolute Longitude: 80.080526
Construction: Frame, Stucco, Woodside
Covered Spaces: 0.00
Exterior Features: Fruit Tree(s), Open Patio, Room for Pool
Flooring: Ceramic Tile, Tile
Front Exp: North
Roof: Comp Shingle
Sqft Source: Tax Rolls
Sqft Total: 1372.00
Total Floorsstories: 1.00
Total Building Sqft: 1340.00
Property Information
Property Condition: Resale
Property Group Id: 19990816212109142258000000
Land Information
Lot Dimensions: 50.0 ft x 135.0 ft
Subdivision Information: Ball Field, Basketball, Bike - Jog, Cafe/Restaurant, Courtesy Bus, Dog Park, Library, Park, Playground, Pool, Sidewalks, Soccer Field, Street Lights, Tennis
Garage and Parking
Parking: 2+ Spaces
Eco-Communities
Private Pool: No
Storm Protection: None
Waterfront Details: None
Utilities
Cooling: Central, Wall-Win A/C
Heating: Central
Pet Restrictions: No Restrictions
Pets Allowed: Yes
Utilities: Cable, Electric, Public Sewer, Public Water
Finance and Tax Information
Homeowners Assoc: None
Membership Fee Required: No
Tax Year: 2024
Other Features
Country: United States
Equipment Appliances Included: Range - Electric, Refrigerator, Water Heater - Elec
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